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first, thank you both for being here. >> glad to be here. >> jim, what can you tell our viewers with emmett "bucky" greer? >> he and his partner worked for me for a period of time when i was chairman. they are good at what they do. when you're looking for a lawyer that can write legislation and change the election laws, stand up potentially to a constitutional challenge, you reach out to people like bucky and his partner richard coats and they draft the law. they a they advise how it can get done and it's about keeping people from election day to win the republican election. >> keeping pop freople from get to election day? >> that's right. primarily down here in florida, reducing early voting days, put all of these obstacles in the way of democrats, minority voters from getting to the polls because down here in florida it's not just about the presidential election, it's about keeping power in the legislature and the governor's mansion. >> now, diedra, you wrote -- well, you said to the palm beach news today, i'm quoting you, i'd be deeply concerned to think that members of a politica
first, thank you both for being here. >> glad to be here. >> jim, what can you tell our viewers with emmett "bucky" greer? >> he and his partner worked for me for a period of time when i was chairman. they are good at what they do. when you're looking for a lawyer that can write legislation and change the election laws, stand up potentially to a constitutional challenge, you reach out to people like bucky and his partner richard coats and they draft the law. they a...
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Nov 2, 2012
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hi, jim. i have heard you say when considering the playing the down side of an equity you would short the stock rather than allow a put. please elaborate on your reasoning for this. >> if i have created any misperceptions that i favor shorting stocks it is completely out of character with all my books and what i used to do with my hedge fund, when i was working for people at goldman sacks or trading for myself. i always do puts. i rarely do shorts. i was a victim of some horrible short squeeze that is lost me a ton of money. use puts. i don't care if there's a premium. let's go to some tweets. here's one from b. kelly 019 @jimcramer. cover calls allow me to print money out of large positions without having to sell. why do you hate them so much? here's the answer. i got to it will you something b kelly 019, i hate trapping my off side. i hate cutting off my off side. let's say something goes wrong. you sell the stock, you're really vulnerable to a takeover then because you're still short the ca
hi, jim. i have heard you say when considering the playing the down side of an equity you would short the stock rather than allow a put. please elaborate on your reasoning for this. >> if i have created any misperceptions that i favor shorting stocks it is completely out of character with all my books and what i used to do with my hedge fund, when i was working for people at goldman sacks or trading for myself. i always do puts. i rarely do shorts. i was a victim of some horrible short...
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. >>> coming up, congresswoman michele bachmann faced democratic challenger jim graves in their first debate last night. i'll show you the bachmann claim that had the whole audience in stitches, laughing. stay tuned. ur jaw drop? campbell's has 24 new soups that will make it drop over, and over again. ♪ from jammin' jerk chicken, to creamy gouda bisque. see what's new from campbell's. it's amazing what soup can do. i'm an expert on softball. and tea parties. i'll have more awkward conversations than i'm equipped for because i'm raising two girls on my own. i'll worry about the economy more than a few times before they're grown. but it's for them, so i've found a way. who matters most to you says the most about you. massmutual is owned by our policyholders so they matter most to us. massmutual. we'll help you get there. >>> up next, michele bachmann, congresswoman from minnesota gets some big laughs at her debate against jim graves last night after she says she doesn't engage in political speech. we'll have all the details. you'll want to see the reaction from the crowd. >>> and in t
. >>> coming up, congresswoman michele bachmann faced democratic challenger jim graves in their first debate last night. i'll show you the bachmann claim that had the whole audience in stitches, laughing. stay tuned. ur jaw drop? campbell's has 24 new soups that will make it drop over, and over again. ♪ from jammin' jerk chicken, to creamy gouda bisque. see what's new from campbell's. it's amazing what soup can do. i'm an expert on softball. and tea parties. i'll have more awkward...
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>> caller: hey, jim. big boo-yah to you from new york city. >> i hope everything is well for you and your family. >> caller: we're lucky enough to have power and watch the 76ers beat the nuggets. >> you have the edge on me. go ahead. >> caller: we have exxon, sprint, united health group, walmart, and bis. >> wow. i like this portfolio so much i'm kind of stunned by it. exxon reported an okay number. it's good to have oil. sprint is a nice spec stock. the stock could be knocked down after the exchange offer that they're doing with soft bank. don't freak out. walmart down today. people are starting to leave the low end retailers. walmart is good. united health group are big winners under obamacare. and disney acquisition of lucasfilms is brilliant. we have health care, oil, retail, that's what i'm doing. that's what i'm looking for. that is perfection. michael in florida, please? >> caller: boo-yah, cramer, from florida state university. >> fsu, go noles. doak campbell, you and me and a couple of beers. >>
>> caller: hey, jim. big boo-yah to you from new york city. >> i hope everything is well for you and your family. >> caller: we're lucky enough to have power and watch the 76ers beat the nuggets. >> you have the edge on me. go ahead. >> caller: we have exxon, sprint, united health group, walmart, and bis. >> wow. i like this portfolio so much i'm kind of stunned by it. exxon reported an okay number. it's good to have oil. sprint is a nice spec stock. the...
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Oct 27, 2012
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welcome. >> thank you, jim. glad to be back. >> rick, your conference call depressed me, because you guys are straight shooters. wasn't like you said we had a great quarter, you point blank said, due to significant decline in revenue late in the quarter, both operating groups, key financial metrics came in well below expectations. explain to us how that could happen? >> jim, it was a combination of three factors, in order, first of all, the missing revenue. with less revenue, you have less growth. and second was you talked about it in the intro. the western regions, higher margin, higher calorie business overall. the business centralized in the west, a double whammy and geographic mix shift. stronger in the east. components business in asia had stronger sequential growth, but it exacerbated the shift from the west and all three contributed to the disappointing bottom line. >> when i heard about the bottom line, wow, the housing economy strong, auto economy strong, but we have worries about the gridlock in washin
welcome. >> thank you, jim. glad to be back. >> rick, your conference call depressed me, because you guys are straight shooters. wasn't like you said we had a great quarter, you point blank said, due to significant decline in revenue late in the quarter, both operating groups, key financial metrics came in well below expectations. explain to us how that could happen? >> jim, it was a combination of three factors, in order, first of all, the missing revenue. with less revenue,...
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to illinois now, i want to go to jim in illinois. jim! >> caller: boo-yah, jim. this is jim from evanston, illinois, home of the northwestern wildcats. we love you. >> and i love northwestern. i like their programs. what's on your mind? >> caller: my question is rimm, should i buy or sell? >> no, we're not buying, no, no, no. they just had that group of people that subscribe to it but it's declining. salvatore in florida. >> caller: a big, big boo-yah from florida. >> i like that. go ahead, sunshine. >> caller: cisco. >> you know what? cisco, i thought they had a great quarter. i thought that things were starting to go well. and now i'm not thinking that way because telco spending is so bad, so i'm going to have to say stay away until we see the next quarter. let's go to joe in texas. >> caller: cramer, how are you? >> real good, how about you? >> caller: good, thank you, sir. mpc broke off. marathon. what do you think of that? lastly, my father-in-law, my uncle both early 60s think our economy will die if the president barack obama wins a second election. your o
to illinois now, i want to go to jim in illinois. jim! >> caller: boo-yah, jim. this is jim from evanston, illinois, home of the northwestern wildcats. we love you. >> and i love northwestern. i like their programs. what's on your mind? >> caller: my question is rimm, should i buy or sell? >> no, we're not buying, no, no, no. they just had that group of people that subscribe to it but it's declining. salvatore in florida. >> caller: a big, big boo-yah from florida....
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i'm jim cramer. see you tomorrow. fugitives"... they were the heady, get-rich-quick days of the dot-com boom. >> promising internet riches was the way to get into somebody's wallet. >> narrator: among the companies that raises millions -- an online-video start-up with a famous pitchman who exudes trust. >> i'm sure you've heard of it. it's called the "internet." >> narrator: but the website is a sham. its only purpose is bilking investors of millions, and when the feds come knocking, one of the men who's allegedly running the scheme heads to sea. but first, street criminals turn to white-collar crime. >> this is the first time that i had seen people who graduated from narcotics, violence, and pimping to a million-dollar bank fraud. >> narrator: the feds say a young woman teams up with her gangster boyfriend and orchestrates a nationwide credit-card scheme. but the law closes in, and the fraud's alleged mastermind hits the road. [ tires screech ] february 2009. at the federal courthouse in sacramento, charles barksdale, a gang membe
i'm jim cramer. see you tomorrow. fugitives"... they were the heady, get-rich-quick days of the dot-com boom. >> promising internet riches was the way to get into somebody's wallet. >> narrator: among the companies that raises millions -- an online-video start-up with a famous pitchman who exudes trust. >> i'm sure you've heard of it. it's called the "internet." >> narrator: but the website is a sham. its only purpose is bilking investors of millions, and...
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>> advertising. >> narrator: a slick brochure sent to investors like jim morrione says that ad sales and online product sales will translate into huge returns for those who put in money early. >> "investors become overnight billionaires." [ laughs ] that says it all, doesn't it? >> narrator: to him, the company seems like it has a strong business model, and they appear to have the right team to make it happen. >> the marketing director here, she worked at hp and ricoh. it looked like a good team of people that they were going to bring in here to start up this company. >> narrator: pitch materials sent to investors like morrione trumpet the company's ceo, ronald mulhall. >> they portrayed this guy as a successful lawyer, and this was his brainchild. >> narrator: marc blau, the assistant regional director for the securities and exchange commission in los angeles, says mulhall's real résumé was, in truth, much less impressive. >> what they failed to disclose to people was that mr. mulhall had, in fact, been disbarred by the state of california 10 years prior for stealing client money,
>> advertising. >> narrator: a slick brochure sent to investors like jim morrione says that ad sales and online product sales will translate into huge returns for those who put in money early. >> "investors become overnight billionaires." [ laughs ] that says it all, doesn't it? >> narrator: to him, the company seems like it has a strong business model, and they appear to have the right team to make it happen. >> the marketing director here, she worked at...
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. >> our national political correspondent jim acosta and white house correspondent jessica yellin. the candidates' messages are very different but their itinerary couldn't be more similar, could it? >> that's right. they are basically battling for the same swing states over the next three days, three final days of this campaign. mitt romney is in ohio right now, he goes to new hampshire tomorrow morning, then heads to iowa, colorado and later this weekend, heading into monday, he goes to virginia and florida. you know, anderson, you can lay the battleground map for president obama and mitt romney almost on top of one another, because their schedules are so similar. >> jessica, all year long, people have been pointing to this final jobs report the weekend before the election day. doesn't seem to have made much of a splash, does it? >> reporter: a little bit of both, anderson. the jobs numbers in the end seem to be sort of a wash. they give something for both campaigns to talk about. the president today acknowledged the numbers and pointed out that there was an increase in private se
. >> our national political correspondent jim acosta and white house correspondent jessica yellin. the candidates' messages are very different but their itinerary couldn't be more similar, could it? >> that's right. they are basically battling for the same swing states over the next three days, three final days of this campaign. mitt romney is in ohio right now, he goes to new hampshire tomorrow morning, then heads to iowa, colorado and later this weekend, heading into monday, he...
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that is cnn's jim acosta traveling with the romney campaign. we'll get back to jim and get that straight for you. we're going to move on now. of course, jim, traveling with the romney campaign, they feel they're going to have some momentum. they hit seven states today. that's a lot of states to cover. debuke is in the center of the campaign today. mitt romney at lunchtime, president obama, there right now. our chief correspondent is there as well. jessica, that city is getting plenty of attention today. at least the two men weren't there at the same time. that would have been a bit awkward. >> yeah, although they would have had an unscripted debate. that would have been unusual and probably good for the public. this state getting so much attention because it is one of those must-win battlegrounds, don. and it tells us so much about the -- the map tells us so much about where they're fighting in these final days. where we are right now is not ju just -- it's sort of a two-for for the president. not just fighting ie way, but across the river. the
that is cnn's jim acosta traveling with the romney campaign. we'll get back to jim and get that straight for you. we're going to move on now. of course, jim, traveling with the romney campaign, they feel they're going to have some momentum. they hit seven states today. that's a lot of states to cover. debuke is in the center of the campaign today. mitt romney at lunchtime, president obama, there right now. our chief correspondent is there as well. jessica, that city is getting plenty of...
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, former republican presidential candidate, she apparently is in a tough race against the democrat, jim graves. i'm anxious to see what happens in minnesota. >> my favorite down-ballot race for this election cycle is the race for congress in california's 10th district. a guy by the name of jose hernandez is running, and he's an astronaut. to think that his ads could essentially be footage from him in space looking to the earth i think is quite amazing. >> it's always safe to go with your home state on stuff like this, and i happen to be from ohio. so i'm going to go with theshired on brown/josh -- sherrod brown/josh mandel race. >> you are a liar. >> i don't need a lecture from a guy who can't wait to get to the next job and run for higher office and move up the ladder. >> you might try to push people around in washington, but you're not going to push me around. >> really looking forward to it being over. >> thanks for watching "state of the union." head to cnn.com/sotu for analysis and extras. if you missed any part of today's show, find us on itunes. "fareed zakaria gps" is next for o
, former republican presidential candidate, she apparently is in a tough race against the democrat, jim graves. i'm anxious to see what happens in minnesota. >> my favorite down-ballot race for this election cycle is the race for congress in california's 10th district. a guy by the name of jose hernandez is running, and he's an astronaut. to think that his ads could essentially be footage from him in space looking to the earth i think is quite amazing. >> it's always safe to go with...
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unless you went through slavery and went through jim crow, i do not want to hear victims bullying the rest of america. this is what has happened. whether it's the jersey girls or the spokesman for the disabled, it's not the disabled, it's the self-appointed spokesman word police, the feminists on this word or that word, the gays on oh, you can't say that's so gay now. >> you know that it would get you into serious trouble -- >> no, i would never use it. >> you know it's deeply offensive. >> you are doing, you're so upset what sununu did to colin powell. you're trying to read my mind. no, you're wrong. i wouldn't use the "n" word because it's a curse word. >> will you continue using the retard word? >> yes. of course. i've done it since that tweet. >> disabled people -- >> i'm sure they were following my twitter feed. this has nothing to do with disabled people. it was about the president. they have injected themselves into a tweet they have nothing to do with. i would think maybe biden should be upset by me calling the president a retard but not an actually disabled person. >> let's t
unless you went through slavery and went through jim crow, i do not want to hear victims bullying the rest of america. this is what has happened. whether it's the jersey girls or the spokesman for the disabled, it's not the disabled, it's the self-appointed spokesman word police, the feminists on this word or that word, the gays on oh, you can't say that's so gay now. >> you know that it would get you into serious trouble -- >> no, i would never use it. >> you know it's deeply...
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jim, romney's speech today was described as a major speech on the economy. didn't seem like there was a lot of specifics in there. but i lost count of how many times i heard him use the word change. >> that's right. they did everything but play the song "don't stop thinking about tomorrow" going back to the bill clinton days. yes, he is talking about change, he's casting himself as the change candidate and i think that is why they went out to iowa today, not to unveil any new economic proposals. you don't really do that in the final stage of a campaign. what they wanted to do was talk about this message that they unveiled yesterday here in ohio and that he is the candidate of not just change, but big change as he likes to say on the campaign trail. >> in terms of weather, brianna, have there been any changes to the president's schedule next week? you mentioned some of his stops. do we know how vulnerable those are to weather? >> yeah, that's right, he's heading to florida, he's heading to virginia. so certainly some of his stops are going to be vulnerable. w
jim, romney's speech today was described as a major speech on the economy. didn't seem like there was a lot of specifics in there. but i lost count of how many times i heard him use the word change. >> that's right. they did everything but play the song "don't stop thinking about tomorrow" going back to the bill clinton days. yes, he is talking about change, he's casting himself as the change candidate and i think that is why they went out to iowa today, not to unveil any new...
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jim acosta is traveling with the romney campaign. >> we've been traveling by bus over the last few days, ohio and iowa, one thing we've heard, he's been debuting this new theme, he is the agent, he is the candidate of big change and the president is just more of what he calls the status quo. one thing we can also report is the romney campaign is right now sort of riding a wave of momentum, some recent polls, not just nationally but across several swing states have shown romney gaining some traction and getting very close to overtaking the president in several key swing states and both nationally. now, the romney campaign did put out a memo earlier in the week throwing cold water on one ohio state poll they took issue with saying it wasn't properly calibrated but they are also at the same time touting a new "washington post" poll showing mitt romney leading the president nationally and doing very well among independents. at the same time we should p point out that along this tour he has hit a bit of a roadblock. one of his top surrogates, john sununu made some comments when he suggested
jim acosta is traveling with the romney campaign. >> we've been traveling by bus over the last few days, ohio and iowa, one thing we've heard, he's been debuting this new theme, he is the agent, he is the candidate of big change and the president is just more of what he calls the status quo. one thing we can also report is the romney campaign is right now sort of riding a wave of momentum, some recent polls, not just nationally but across several swing states have shown romney gaining...
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what's the latest, jim? >> reporter: wolf, memoriitt ro just arrived here in florida a few minutes ago, and a little earlier today, he did get out in front of the cameras in ohio for a campaign event where he tried to put the focus on storm relief effort. it was billed as a storm relief event, so mitt romney supporters carried bags of groceries through security checkpoints, turning this ohio gymnasium into what looked like a food pantry. and when the gop nominee took the microphone, he set aside his usual jabs at the president >> we have heavy hearts, as you know. >> reporter: instead, romney called on americans to do what they can to help the victims of hurricane sandy. >> there's a lot of people that will still be looking for goods, even though we've gathered these things, as you know. but i know that one of the things i've learned in life is that you make the difference you can. >> reporter: the republican candidate said the donated supplies would go to hard-hit new jersey, where the governor and top romn
what's the latest, jim? >> reporter: wolf, memoriitt ro just arrived here in florida a few minutes ago, and a little earlier today, he did get out in front of the cameras in ohio for a campaign event where he tried to put the focus on storm relief effort. it was billed as a storm relief event, so mitt romney supporters carried bags of groceries through security checkpoints, turning this ohio gymnasium into what looked like a food pantry. and when the gop nominee took the microphone, he...
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jim acosta, thank you. the national hurricane center is getting ready to issue an update on hurricane sandy in the next few minutes. stay with us for the latest on the storm's strength and where it's heading. dad vo: ok, time for bed, kiddo. lights out. ♪ (sirens) (train horn) ♪ vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. and sounds vying for your attention. so we invented a warning you can feel. introducing the all-new cadillac xts. available with a patented safety alert seat. when there's danger you might not see, you're warned by a pulse in the seat. it's technology you won't find in a mercedes e-class. the all-new cadillac xts has arrived, and it's bringing the future forward. >>> hurricane sandy is barreling toward the east coast, taking aim at new jersey, expected to make landfall near atlantic city very, very soon. reporter maggie lake is in the nearby town of asbury park in new jersey. what are you seeing, maggie? where are you seein
jim acosta, thank you. the national hurricane center is getting ready to issue an update on hurricane sandy in the next few minutes. stay with us for the latest on the storm's strength and where it's heading. dad vo: ok, time for bed, kiddo. lights out. ♪ (sirens) (train horn) ♪ vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. and sounds vying for your attention. so we invented a warning you can feel. introducing the all-new cadillac...
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jim acosta is with the romney campaign, jim? >> voters are getting a new sense of the contract their facing on election day after president obama called the lawsuitest jobs report clear progress, and romney is using them to make his case for real change. >> with a fired up republican crowd outside of milwaukee chanting four more days, mitt romney sliced into the numbers like a block of cheddar. >> unemployment is higher today than when barack obama took office. think of that. the question of this election comes down to this -- do you want more of the same, or do you want real change? >> gone was any sign of the hesitation romney showed in krit siding the president in the after math of. he warned a second obama term could bring about another recession or worth. . over the final weekend before the election. rougherly 100 gop heavy hitter wills deliver that message in 11 battleground states. >> the broof of if it's working or not is what the price is that you're paying at the pump. romney will visit on sunday, and his campaign is p
jim acosta is with the romney campaign, jim? >> voters are getting a new sense of the contract their facing on election day after president obama called the lawsuitest jobs report clear progress, and romney is using them to make his case for real change. >> with a fired up republican crowd outside of milwaukee chanting four more days, mitt romney sliced into the numbers like a block of cheddar. >> unemployment is higher today than when barack obama took office. think of that....
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jim, thank you. jim clancy on the scene for us. the new york city borough of staten island was devastated by this superstorm. the death toll there has continued to climb. and residents are getting desperate. they're saying they need a lot more help. brian todd is on the scene for us there. he's been getting a firsthand look joining us live from staten island. brian, what's going on as far as you can tell? >> reporter: wolf, devastation here. and they have not gotten much help yet. i'm going to show you a scene down cedar grove avenue here. check out this flooding behind me. people just barely able to get to their homes and kind of assess damage and clear out wreckage. i can see some people on their front stoop over there tossing some stuff out. some vehicles trying to move through several feet of water here. you've got a flooded out church over to my right, to your left here, and just incredible scenes like this all over this neighborhood. this is the new dorf beach neighborhood of staten island, new york. right now what we're gett
jim, thank you. jim clancy on the scene for us. the new york city borough of staten island was devastated by this superstorm. the death toll there has continued to climb. and residents are getting desperate. they're saying they need a lot more help. brian todd is on the scene for us there. he's been getting a firsthand look joining us live from staten island. brian, what's going on as far as you can tell? >> reporter: wolf, devastation here. and they have not gotten much help yet. i'm...
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you seeing, jim? >> the campaign said the gop nominee wants to strike a positive tone today, but the brief pause appears to be passing. one flash for the remaining six days of this campaign is a radio ad in the state of ohio, one the vice president calls a outrageous lie. >> at his first rally in the after math of sandy, he steered clear of any direct attacks on the president. >>> now people coming together is what's also going to happen i believe on november 7th. >> then he made a segues. >> i don't just talk about change, i have a plan to execute change and to make it happen. >> reporter: for romney, it's a delicate balancing act. he tours after praising the administrations response. in a three stop swing through florida, romney had other big supporters at his side. including jeb bush who talked about the president's handling. >> my response is that it's the local and the state level that really matter. . that if they do their job right, the federal government part works out good. >> with less than
you seeing, jim? >> the campaign said the gop nominee wants to strike a positive tone today, but the brief pause appears to be passing. one flash for the remaining six days of this campaign is a radio ad in the state of ohio, one the vice president calls a outrageous lie. >> at his first rally in the after math of sandy, he steered clear of any direct attacks on the president. >>> now people coming together is what's also going to happen i believe on november 7th. >>...